Conventional Conforming Loan Limits 2024. The baseline conforming loan limit for 2024 is $766,550, an increase of $40,350 from 2023. Understanding conventional loan limits for 2022 and the difference between conforming vs.

If you’re considering this type of mortgage, here’s what you should know about conforming loan requirements, rates, and loan limits. The 2024 conforming loan limit increase means more purchasing power for qualified homebuyers looking to purchase or refinance a home in 2024.